Empty Capsules Market By Market Data Forecast 2024
Recent Developments
ACG is a pharmaceutical business corporation with headquarters in Mumbai, India. The company has existence in over 100 countries. The ACG group is the one and only provider in the world providing integrated business solutions for the pharmaceutical industry.
ACG offers business solutions that include empty hard pharmaceutical capsules, tablet coating systems, tablet compression systems, encapsulation machinery, tablet tooling and performance enhancers, fluid bed equipment along with the online and inline analytical and inspection systems.
In May 2019: The ACG Corporation presented a large range of capsules, engineering, and films and foils resolutions at the FCE Pharma.
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Market Segmentations
Market Data Forecast published a report named Empty Capsules Market. Empty Capsules Market size was worth USD 1685.2 million in 2019 and estimated to be growing at a CAGR of 7.57%, to reach USD 2428.6 million by 2024.
Report segmented as:
Product:
- Gelatin Capsules
- Non-Gelatin Capsules
Application:
- Antibiotic and Antibacterial Drugs
- Antacid and Antiflatulent Preparations
- Anti-anemic Preparations
- Anti-Inflammatory Drugs
- Cardiovascular Therapy Drugs
- Dietary Supplements and Vitamins
- Cough and Cold Preparations
- other therapeutic applications
Gelatine Capsules is the large product section accounting for a share of roughly 80% whereas Non-Gelatine capsules is estimating to be the fastest section with high CGAR due to growing preference for vegetable origin capsules. Dietary supplements and vitamins sector is expecting to be the quick rising therapeutic application sector.
Geographical Segmentation:
Based on geography, the market is analysed under various countries namely, North America, Latin America, Asia-Pacific, Middle East and Africa and Europe. North America is dominating the Empty Capsules Market and Asia-pacific approximated to grow at highest rate.
Key Market Players:
- Acg Worldwide
- Capsugel
- Bright Pharmacaps Inc.
- Suheung Co Ltd.
- Capscanada Corporation
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Scope of the report:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.
The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.
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